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Apr 24, 2013
04/13
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and she has a child name apple. >> good news from "meals on wheels", they raised $2 million for their program this week so congratulations. [dramatic music] ♪ [cheers and applause] >> hi, honey. >> how are you? >> good. how are you doing? [cheers and applause] hello, everyone, and welcome to millionaire. i am so rooting for our first contestant today. he has a 19-month-old at home, a baby on the way, and has been working 80 hours a week to support his family. from new orleans, please welcome matthew fletcher. hey, matthew. >> hi. how are you? >> first of all, you have a 19-month-old at home, right? >> i do. bennett. >> boy or girl? bennett. >> a little boy named bennett. >> and you have another baby how many weeks away? >> he is about 3 1/2 weeks away. >> oh, my gosh. >> hopefully, you know, so we got to kind of move this along a little bit. >> [laughs] you want me to speed this up already then, yeah. >> absolutely. his name's gonna be coleman. and my wife, meghan, unfortunately, is at home, a little too far along to travel. >> oh, okay. but your mom and your dad are here, right? >>
and she has a child name apple. >> good news from "meals on wheels", they raised $2 million for their program this week so congratulations. [dramatic music] ♪ [cheers and applause] >> hi, honey. >> how are you? >> good. how are you doing? [cheers and applause] hello, everyone, and welcome to millionaire. i am so rooting for our first contestant today. he has a 19-month-old at home, a baby on the way, and has been working 80 hours a week to support his family....
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Apr 23, 2013
04/13
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big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on things like income, industry outlook, stress, physical demands. >> so not happiness? >> happiness is in there. here's the rest of the top five worst jobs. lumberjack is number two, followed by enlisted military personnel, actor, and oil rig worker. so the best jobs in america? the number one job in america according to career cast an actuary, make about 87 grand a year, biomedical engineers, software engineers, an audiologist and financial planner round out the top five. when i look at the best jobs in america, all top ten or 20 of them, it's a lot of s.t.e.m. jobs, science, technology, engineering, math. a
big question, has the rest of the tech industry caught up with apple? is the shine off the apple? sorry, i had to use that terrible little pun. but still be watching apple. and another big story for you, the list is out. and sorry to all of you newspaper reporters out there, you officially have the worst job in america. >> the worst job? >> the worst job in america. with the median income of about $36,000 a year. career cast does this study every year. the results are based on...
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Apr 23, 2013
04/13
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starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65 billion. ♪ >> that is the most watched video on youtube. "gangnam style" with more than $1.5 billion views. >> youtube has become the number one source of viral videos, cat videos in particular like this post showing a cat playing with a vacuum cleaner. what is it about cats on youtube? i don't know. this is one of the most watched videos this week. >> you are watching cnn news room live. we will have more on the boston investigation. >> stay with cnn. [ tires screech ] [ beeping ] ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a
starting with apple's earnings, its quarterly results are expected to shrink for the first time in a decade. decade. iphone sales are in a slump. shares have plunged 55% over the past six months. >>> can you remember life before youtube? the website turned 8 years old today. >> here we are, one of thealfants. >> this clip is the very first youtube video. that is the website cofounder at the san diego zoo. >> business partners sold to google for a whopping $1.65...
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Apr 24, 2013
04/13
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KGO
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. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve reception problems with the phone. apple decided to pay customers for the purchase to settle a class-action lawsuit. >>> there's a new list out that's revealing the very best and very worst jobs from this year. according to careerpath.com, which tracked the numbers, a software engineer is the third. best job. biomedical engineer comes in number two. and an actuary is number one. now, to the bad news. these are the three worst jobs. third is enlisted military personnel. then, a lumberjack. and the very, very worst job on the planet, apparently was a newspaper reporter. >> wow. all right. >>> watch out jimmy kimmel, dav
. >>> big changes for apple after quarterly earnings dropped for the first time in more than ten years. ceo tim cook says the company will spend $100 million to buy back shares and increase dividends. on the hardware side, cook says, quote, we've got some really great stuff coming in the fall and across all of 2014. so, stay tuned. >>> it's taken more than a year. iphone 4 owners are receiving refund checks for 15 bucks. the reason, the expense for a bumper guard to solve...
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Apr 19, 2013
04/13
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the boston bruins and the big apple circus also have postponed tonight's events. good reasoning for that. let's get the latest now, brian todd joining us. you've taken a close look moment by moment as we await the start of the news conference with the latest from law enforcement authorities. give us a picture of what has happened here for our viewers in the united states and around the world. >> it's an incredible picture, wolf. for the past 16 plus hours this has been one of the most intense man hunts in american history but it was at the point a little more than 24 hours ago when law enforcement gave us the first clear visual images of these suspects that really seem to set it all in motion. the release of the images on thursday afternoon let the suspects know the feds were on to them. even if the authorities didn't know their names yet or where to find them. >> we consider them to be armed and extremely dangerous. >> reporter: around 10:00 p.m. that night it all began to unravel. the suspects allegedly robbed a convenience store outside of boston in cambridge n
the boston bruins and the big apple circus also have postponed tonight's events. good reasoning for that. let's get the latest now, brian todd joining us. you've taken a close look moment by moment as we await the start of the news conference with the latest from law enforcement authorities. give us a picture of what has happened here for our viewers in the united states and around the world. >> it's an incredible picture, wolf. for the past 16 plus hours this has been one of the most...
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Apr 24, 2013
04/13
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apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
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Apr 19, 2013
04/13
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you mentioned tech, let's start with apple. we have been killing apple, it is getting killed. do you sell now into earnings? >> it will probably get killed again, we're looking for a miss on eps, earning -- i am sorry esp, below $ 10 on apple but the stock has been battered so bad, people might buy in sympathy, i don't know if i would be panic selling it ahead of the open, if you are looking to buy it, i would not jump in yet, trade lightly. tracy: caterpillar, is a good litmus test for the local economy. you are expecting a 40% drop for mining come purchases, from china in particular. >> what we'll see from caterpillar in line to slight beat for this quarter, but the forward projects that will hurt caterpillar could look for weakness and stock to move lower after earnings. tracy: i love that hasbro has -- we buy kids for our toys. >> mattel had an awesome quarter, and hasbro has partnered up with a jewelry company to do a lot of hasbro-themed jewelry, i don't know if i am buying barbie-themed jewelry, it is interesting, i would be a buyer, lightly. tracy: i got 30 seconds lef
you mentioned tech, let's start with apple. we have been killing apple, it is getting killed. do you sell now into earnings? >> it will probably get killed again, we're looking for a miss on eps, earning -- i am sorry esp, below $ 10 on apple but the stock has been battered so bad, people might buy in sympathy, i don't know if i would be panic selling it ahead of the open, if you are looking to buy it, i would not jump in yet, trade lightly. tracy: caterpillar, is a good litmus test for...
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Apr 22, 2013
04/13
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apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have been stung. apple clearly a big business story of the day and the week. john. >> no question a lot of people watching that very closely. thanks. meanwhile, ahead on "starting point," the surviving suspect hidden in this plain sight after the marathon bombings going about college life as if nothing ever happened. we will hear from students who spoke to him on campus. you're watching a special edition of "starting point" live from boston. people join angie's list for all kinds of reasons. i go to angie's list to gauge whether or not th
apple is the biggest name on the list. if you own apple shares, you have probably seen and felt this stomach churning chart. share price has tumbled over the past year down 31% over that period now trading below $400 a share. why? slumping demand for products. apple was once the most valuable company in the world by market value, so the stock some analysts say relatively cheap right now. we will know better tomorrow what the future of apple will be. it has an awful lot to prove. investors have...
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Apr 22, 2013
04/13
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let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.5% and let's head over to the nasdaq which partly is a result of that is outperforming, sema moti and it's back above the 52-day moving average. investors are slightly on edge ahead of the the tech earnings and all eyes on apple as bob was mentioning. a lot of conflicting calls from analysts ahead of its earnings report tomorrow. analysts focused on sales of its iphone and any clarity around its capital allocation strategy. bbc partners this morning upgrading the stock to buy. communication players also reporting this week. isi group reporting that broadcom, xilinx and lacked the right combination of favorable setup and strong, foreign ministerial support to expect event
let me mention apple very quickly. the hope here is for a special dividend, increase the dividend to over a 3% yield and start with the big buyback. that's the big hope there. nobody's expecting them to blow the cover off of any of these numbers and all of them have been coming down. >> guys, back to you. >> watching microsoft continue to gain now up 4.5% and let's head over to the nasdaq which partly is a result of that is outperforming, sema moti and it's back above the 52-day...
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Apr 19, 2013
04/13
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even the big apple circus, gives you the sense of the state boston is in. there is a preponderance of caution as you can imagine. wasn't to che i want to check in with don lemon -- i should say postponed, not canceled -- who is in watertown right now. tell us what you've been witnessing over the last couple of minutes. >> anderson, i've never seen anything like this domestically. i've been witnessing thousands upon thousands of police officers, hundreds upon hundreds of police officers here going door to door, searching every single home. and i've been seeing as you'll see now, fire trucks, rescue units, tactical vans, armored vehicles, massive police presence, go in and out of this area. i've seen the perimeter move from neighborhood to neighborhood. and it has gotten closer to us every single moment here. and there you go, you see the watertown fire department rushing off to some place. and behind them, an unmarked police vehicle. and that's been the scene here really throughout this morning and throughout the entire evening here. we got to witness severa
even the big apple circus, gives you the sense of the state boston is in. there is a preponderance of caution as you can imagine. wasn't to che i want to check in with don lemon -- i should say postponed, not canceled -- who is in watertown right now. tell us what you've been witnessing over the last couple of minutes. >> anderson, i've never seen anything like this domestically. i've been witnessing thousands upon thousands of police officers, hundreds upon hundreds of police officers...
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Apr 23, 2013
04/13
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the bill has the backing of mayor michael bloomberg would make the big apple the first big city to set the new age limit. right now you have to be 18 to buy a pack of cigarettes. >> the dutch have an out of this world offer they will fly you to mars for free. there's a catch. there's a one-way ticket. 10,000 people have applied for the 2022 michigan. mars 1 wants to establish a permanent human colony on the red planet. what do you think? >> i will wait for the next one. you? >> with a return flight, i will wait. >> all right. the president promised only high income earners would see their taxes go up. in a new report says every income level would pay more. diane macedo has the number for us. >> while the president's budget would mainly raise taxes on those earning 200,000 dollars or more a year a study finds that in 2015 under his budget nearly all taxpayers would be paying more taxes. according to that study 86 percent of the increases would come from people earning 200,000 a year due largely to scaling back tax breaks and disproportionate tax breaks and minimum level of taxation for
the bill has the backing of mayor michael bloomberg would make the big apple the first big city to set the new age limit. right now you have to be 18 to buy a pack of cigarettes. >> the dutch have an out of this world offer they will fly you to mars for free. there's a catch. there's a one-way ticket. 10,000 people have applied for the 2022 michigan. mars 1 wants to establish a permanent human colony on the red planet. what do you think? >> i will wait for the next one. you?...
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Apr 23, 2013
04/13
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has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you know now down below 400, that is incandescent no matter who -- inevitable no matter who took over steve jobs, there is a little bit of battle over what to do with cash, that apple sitting on, but, this is a well-run company, i don't know they will find anybody better than tim cook, i think this is a lot of chatter from speculators just saying what they wish all happen. neil: you know, i think what happens we live in a short attention span type society, we have the ceos, on a short leash, they get a grace parting prize but in case of j.c. penney they do not have a language leash to run. -- long leash
has become a parent's phone, i can imagine my kids saying oh, you got an apple and i don't' an apple, the new emerging consumers are buying sam shunnings, ansamsungs, and i say blackberry again, because older folks have apple products. >> what is the new ceo going to do for apple. tim cook had the baton passed to him, by steve jobs who passed away, we knew it was going to happen, they had great products in the pipeline, steve jobs died, did you think that apple stock would go to 900, you...
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Apr 24, 2013
04/13
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apple had 18% drop in earnings the first drop for apple in a decade. >>> and now i want to return to our continuing coverage of the boston bombings. tonight we are learning more about the life of the tsarnaev brothers and what they were living like before their lallegd attack. there seems to be fancy cars and a will havish lifestyle. take a look at the photographs. it shows tamerlan tsarnaev looking what appears to be rather lavish lifestyle. talented boxer. pretty fancy clothes. but it may not have been the case. from what we can report, it appears tsarnaev was strapped for cash. relying on welfare up until last year. david mattingly is "outfront" and what have you learned about the finances of this family? [ no audio ] >> -- immigrant family that didn't have a lot. the father was a mechanic and the mother offered facials out of their small apartment. they did receive assistance from the state. this could have included temporary aid and food stamps. the tsarnaev brothers would have benefited from this when they were younger, getting government assistance through their parents. when
apple had 18% drop in earnings the first drop for apple in a decade. >>> and now i want to return to our continuing coverage of the boston bombings. tonight we are learning more about the life of the tsarnaev brothers and what they were living like before their lallegd attack. there seems to be fancy cars and a will havish lifestyle. take a look at the photographs. it shows tamerlan tsarnaev looking what appears to be rather lavish lifestyle. talented boxer. pretty fancy clothes. but...
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Apr 22, 2013
04/13
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exxonmobil topped the list followed by apple, google, berkshire and walmart. last year, three chinese companies were in the top five and for the first time in three years, no company in the world is worth $400 billion. >>> gas prices continue to slip across the country and here in the bay area. analysts say they could be lower by the memorial holiday weekend. san francisco averages $4.06. around the rest of the bay area, it's down about 6 cents a gallon. experts say we could be saying 20 cents less by the end of next month. >>> paper or plastic? that's something you won't be hearing much longer in many cities and counties in california. pam cook is in the newsroom with more. >> it's earth day today. to coincide, many cities are joining the effort to reduce, refuse and recycle. redwood city and menlo park, are not allowed to hand out plastic bags and required to charge you 10 cents for a i aer -- paper bag. we asked some people. most are in favor. >> i think it's fabulous. >> tell me why. >> i think any time we can help the earth and recycle bags and go to the
exxonmobil topped the list followed by apple, google, berkshire and walmart. last year, three chinese companies were in the top five and for the first time in three years, no company in the world is worth $400 billion. >>> gas prices continue to slip across the country and here in the bay area. analysts say they could be lower by the memorial holiday weekend. san francisco averages $4.06. around the rest of the bay area, it's down about 6 cents a gallon. experts say we could be saying...
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Apr 24, 2013
04/13
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apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
apple sharing the repurchase authorization from $30 billion to $60 billion and apple increasing its quarterly dividend by 50%, and they're $3.05. ceo tim cook in the press release says we are very fortunate to be in the position to more than double the size
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Apr 19, 2013
04/13
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. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney, thank you. watertown, massachusetts, is where the manhunt took place today. we're joined now by mike driscoll. mike, thank you for calling in. what can you tell us about the region right now? >> well, again, as everything, we're still in a shelter in place. they did that earlier this morning, on or about, a little before 5:00, the decision was made to, number one priority is the safety of our residents and the residents of the commonwealth. >> at this point, we know that the area is in lockdown mode. the faa, saying there is a no fly zone over watertown. we know that amtrak has been suspended indefinitely. so, do we know
. >>> shares of apple posting the second largest weekly decline in 2 1/2 years, down more that 9 percent. shares are down 45% from hitting the all-time high in september, marking a loss of more than $294 billion in fact cap. >>> ibm is trading down more 8%, marking big blue's largest drop in eight years after its quarterly earnings missed expectations on both the top and bottom lines. more business headlines in the next hour, but for now, maria, back to you. >> courtney,...
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Apr 22, 2013
04/13
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apple is set to report results tomorrow. profits are forecast to drop 18% as samsung and other rivals take market shares in tablets and smartphones. revenues expected to increase 8%, but that would actually be one of the weakest quarters in years. citigroup analyst gwen young expects apple to report earnings at the low end of guidance, reflecting softer demand for the iphone 5 and the iphone 4 and to guide third quarter below market forecast. citi says any production delays in the upcoming iphone s could -- weakness for the stock. according to research firm burini associates, options on friday suggest it could move 7.5%, and that could take cares as high as $419 and or as low as $360. it's a big one to watch. it's included a lot of funds just because of its size. so a really important one for the market. chances are you are probably impacted. >> courtney, good to see you. i should mentions, too, the number of people who i speak with them informally talk about whether they're playing out apple. lots of people speculating in t
apple is set to report results tomorrow. profits are forecast to drop 18% as samsung and other rivals take market shares in tablets and smartphones. revenues expected to increase 8%, but that would actually be one of the weakest quarters in years. citigroup analyst gwen young expects apple to report earnings at the low end of guidance, reflecting softer demand for the iphone 5 and the iphone 4 and to guide third quarter below market forecast. citi says any production delays in the upcoming...
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Apr 24, 2013
04/13
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apple also raising its dividends so apple shareholders will get a little bit of a payback if they hold the stock. john, back to you in boston. >> all right, thanks so much, christine. next, we just have an incredible story to tell you about. the hero who found the surviving boston bombing suspect. he will tell you how it all went down. and reports that dzhokhar tsarnaev is doing better this morning and there are demands that he be moved. dr. sanjay gupta joins us. as does former u.s. attorney general alberto gonzales. he has crucial insight into this. you're watching a special edition of "starting point" live from boston. hwelcome back.. nice to see you again! hey! i almost didn't recognize you without the suit. well, this is my weekend suit. weekend getaways just got better. well, enjoy your round! alright, thanks! save a ton on our best available rate when you book early and feel the hamptonality. and be good for your face? [ female announcer ] now there's new neutrogena® naturals acne cleanser. acne medicine from the wintergreen leaf treats breakouts. no parabens or harsh sulfates.
apple also raising its dividends so apple shareholders will get a little bit of a payback if they hold the stock. john, back to you in boston. >> all right, thanks so much, christine. next, we just have an incredible story to tell you about. the hero who found the surviving boston bombing suspect. he will tell you how it all went down. and reports that dzhokhar tsarnaev is doing better this morning and there are demands that he be moved. dr. sanjay gupta joins us. as does former u.s....
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Apr 22, 2013
04/13
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i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications. it was at revolution that really took off, what people could do from a personal assistant, games, entertainment and a corporate standpoint. >> dan, do you hear any chatter out there? >> we heard about channel checks, things around. this is probably a year and a half ago, two years ago. is there anything you've heard that gives you any sense that there's something coming. >> so i attempt not to recommend stocks based on chatter. what i would invest in investing in apple is a track record, a team. phenomenal balance sheet. they spend a lot on r&d. you can't predict what the next will be. everyone said tablets will never work. no
i guess it will be apple tv. >> apple tv is a logical extension of the largest screen that the ipad was, and bringing apps to the tv environment what everyone is trying to do. >> but they have a tv product. i have one at home. $99. a little black pox. >> it's not the real tv. >> why buy a $2,000 actual physical television when for 99 bucks i convert my physical television. >> today it doesn't have the one thing that made the iphone take off, which is applications....
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Apr 24, 2013
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shareholders asking if apple's magic is fading. apple's response? it's going to reach in and give money back to shareholders. apple will give you a 2.7% return for holding apple shares. it's not as big as other stocks. it's called a dividend yield. intel 3.9%. at&t, 4.6%. altria, 5% of the dividend yield. it's way more than you get in a savings account. apple shareholders need good news. the stock down 30% the past year. apple shares up slightly in the premarket. its profits slipped a little bit, but it's still selling a lot of devices, 37.4 million iphones during three months. that averages out to 288 iphones every single minute for three months straight. apple sold 20 million ipads. but people aren't buying as many of the latest, most expensive models. they're choosing the cheaper versions like the iphone 4s, the ipad mini, and that's one reason why the stock is down because they make more money on the higher end, newer products. absolutely. >> most people who do buy apple, they have to have the latest and greatest. i guess the frietrend is kind o
shareholders asking if apple's magic is fading. apple's response? it's going to reach in and give money back to shareholders. apple will give you a 2.7% return for holding apple shares. it's not as big as other stocks. it's called a dividend yield. intel 3.9%. at&t, 4.6%. altria, 5% of the dividend yield. it's way more than you get in a savings account. apple shareholders need good news. the stock down 30% the past year. apple shares up slightly in the premarket. its profits slipped a...
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Apr 23, 2013
04/13
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apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in the hospital this morning. the fbi says jahar tamerlan tsarnaev is still having a problem speaking after being shot in the neck. but yesterday he was able to say no when asked if he could pay for a lawyer. lawmakers in france voted to legalize same-sex marriage after months of street protests with people very sharply divided on this issue. france now becomes the 14th country to legalize gay marriage. >>> more rain and snow expected in the midwest today for towns already hit hard by towns. illinois had ten inches in ten days. this school bus you can see here, plowing through deep water. the b
apple reports earnings after the market closes. stocks -- stocks down 40%. tabling a live look at the big board, the dow is up 139. the nasdaq up 38. s&p up 15. >>> police in oakland are searching for a suspected gunman who was focus of an eight-hour s.w.a.t. standoff. this morning, police surrounded the lockwood gardens housing complex on 65th avenue but they didn't find the man he was looking for. >>> the surviving bombing suspect in boston remains under armed guard in...
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Apr 19, 2013
04/13
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way down for apple again. and then we have mcdonald's reporting a slight rise in profits and mcdonald's is down 2 bucks. below $100. and ge. a big name, profit as expected, ge is at $21 a share, and it's down 3%. and the dow is down 33. now then one suspects on the run, another one is dead. monica crowley is here, following terror and money, following a whole lot more for you after this. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the future... by clinging to the past. and with that: you're history. instead of looking behind... delta is looking beyond. 80 thousand of us investing billions... in everything from the best experiences below... to the finest comforts above. we're not simply saluting history... we're making it. ow old is the oldest person you've known? we gave people a sticker and had them show us. we learned a lot of us have known someone who's lived well into their 90s. and that's a great thing. but even though we're living longer, one thing th
way down for apple again. and then we have mcdonald's reporting a slight rise in profits and mcdonald's is down 2 bucks. below $100. and ge. a big name, profit as expected, ge is at $21 a share, and it's down 3%. and the dow is down 33. now then one suspects on the run, another one is dead. monica crowley is here, following terror and money, following a whole lot more for you after this. thank you orville and wilbur... ...amelia... neil and buzz: for teaching us that you can't create the...
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Apr 23, 2013
04/13
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CNNW
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dow futures up 50 points ahead of earning points of apple and at&t. all right. do love your job, hate your job? the ab you'u annual list of bes worst jobs is out. and newspaper reporter is the worst of the worst. a poor industry outlook hurting the ranking. lumberjack second worst, followed by enlisted military personnel. actor and oil rig worker. the best job in america is an actuary. about $87,000 a year. biomedical and software engineers are next. audiologist and financial planner round out the top five. they look at everything from physical exertion on the job to happiness to pay to satisfaction overall. john. >> all right. thanks so much, christine romans. ahead on "starting point," the surviving boston bombing suspect appears to be cooperating with authorities. how does that affect the prosecution's case? we'll look at the legal road ahead with cnn's senior analyst jeffrey toobin. >>> plus, neil diamond's "sweet caroline," become an an them th. but the songwriter is working on something new. we will have details they are so good, so good, so good. details
dow futures up 50 points ahead of earning points of apple and at&t. all right. do love your job, hate your job? the ab you'u annual list of bes worst jobs is out. and newspaper reporter is the worst of the worst. a poor industry outlook hurting the ranking. lumberjack second worst, followed by enlisted military personnel. actor and oil rig worker. the best job in america is an actuary. about $87,000 a year. biomedical and software engineers are next. audiologist and financial planner round...
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Apr 22, 2013
04/13
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FOXNEWSW
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reports show apple is storing your question to suri for up to two years. it keeps the questions to judge siri's effectiveness. why the technology never revealed it is storing them. >>> boston bombing suspect could be charged today. there's a debate brewing over what the exact charges that he should face should be. some are calling for him to be charged as an enemy combatant but others stais the label that is necessary. th if they are going to charge him as an enemy combatant they have to act now. american center for law and justice jordan specula. thank you for joining us. >> thanks, heather. >> there are reports unconfirmed for us that the suspect is in fact communicating in some way and answering questions. how if at all does that effect the time line for the charges? >>> what is interesting, it looks like the department of justice is already delayed because this was an unexpected development as if it would never happen. we were supposed to hear charges yesterday now they are saying or reporting the earliest would be today. when that kicks in the right t
reports show apple is storing your question to suri for up to two years. it keeps the questions to judge siri's effectiveness. why the technology never revealed it is storing them. >>> boston bombing suspect could be charged today. there's a debate brewing over what the exact charges that he should face should be. some are calling for him to be charged as an enemy combatant but others stais the label that is necessary. th if they are going to charge him as an enemy combatant they have...
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Apr 22, 2013
04/13
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and it's an apples and oranges situation to say that somehow, you know, because we have these two losers who committed this heinous crime that, therefore, that casts dispersions on thousands of other people who are in this country and don't happen to have been natural born american citizens. that doesn't make them bad actors, bad people, or even any more likely to be suspicious as bad people. by the way, the bad guys, the obama administration has dramatically increased deportations as you know of the real criminals who we tend to be able to find and deport when necessary. >> mr. walsh? >> jonathan, these two guys, jonathan, these two guys weren't just losers. they were part of radical islam. they were radicalized. >> that's right. >> this is a threat we've known has existed for a number of years. >> it has nothing to do with the immigration bill. it's irrelevant. it's not being rushed through as you said. the bill has been pending for white a whi quite a while. >> jonathan, it's sophisticated mindsets like yours that get americans killed because you don't recognize we're at war. >> joe,
and it's an apples and oranges situation to say that somehow, you know, because we have these two losers who committed this heinous crime that, therefore, that casts dispersions on thousands of other people who are in this country and don't happen to have been natural born american citizens. that doesn't make them bad actors, bad people, or even any more likely to be suspicious as bad people. by the way, the bad guys, the obama administration has dramatically increased deportations as you know...
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Apr 16, 2013
04/13
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>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over $130 billion on their balance sheets right now. >> it seems that their innovation has been more incremental. what do you think is their next big thing? >> hard to say. i think they will continue to innovate around the iphone and ipad products. i think we will see thinner ipads can and larger screen iphones and new things like fingerprint sensor. we have heard of them working on apple tvs and watches. i think people would use the watches while they are jogging or being at the gym. and there's a lot of people that would buy the apple tv t
>> well, we all love apple products. the customer that you interviewed, sounds like my house at home. we have macs and ipads and the products are very intuitive. they have a great software eco system, we have come to expect innovation from apple and i think we will continue to see it in the future. you know, just because they have gone through a bit of a lull here let's not throw the baby out with the bath water. it's easy to forget that apple has generated tremendous profits and has over...
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Apr 23, 2013
04/13
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>> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon creating great products. we'll be watching the earnings and the guidance. wolf. >> we'll see what happens with apple. >>> coming up, a nike t-shirt with the words boston massacre stayed on sale for days after the bombings. we'll tell you what they're doing about that coming up. ♪ [ male announcer ] we don't just certify our pre-owned vehicles. we inspect, analyze and recondition each one, until it's nothing short of a genuine certified pre-owned... mercedes-benz for the next new owner. ♪ hurry in to your authorized mercedes-benz dealer for 1.99% financing du
>> it's been incredibility to see the collapse of apple stock. it hasn't been trading this low since november of 2011. that was right after steve jobs died. we want to explore a couple of reasons why the stock is trading so much lower. when you look at the technology business, it is almost like the movie business. you have to unveil hit after hit. the stock exchange is maturing. most people who have cell phones have smart phones. competition has never been more intense. you look at amazon...
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Apr 24, 2013
04/13
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KRCB
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what do investors see in apple? >> good morning. the latest financial results from the tech giant were better than most analysts predicted. still, investors see a loss of momentum because officials and apple saw their quarterly earnings fall for the first time in a decade. they say the decline in the january to march period stems from sales of lower priced products. officials said on tuesday their net profit tumbled nearly 18% year on year in the last quarter to less than $10 billion. earnings are down despite an 11% rise in sales to more than $43 billion. customers chose cheaper models with smaller profit margins. but chief executive, tim cook, said he's optimistic about apple's future and said the recent fall in the sre price has been frustrating to him and his staff but added the company's position remains strong. apple officials said they will share $55 billion in profit with stakeholders through dividends and share buybacks. investors see this decision as a way to ease tensions over apple's lackluster performance and falling st
what do investors see in apple? >> good morning. the latest financial results from the tech giant were better than most analysts predicted. still, investors see a loss of momentum because officials and apple saw their quarterly earnings fall for the first time in a decade. they say the decline in the january to march period stems from sales of lower priced products. officials said on tuesday their net profit tumbled nearly 18% year on year in the last quarter to less than $10 billion....
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Apr 24, 2013
04/13
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a big launch for apple? sure, it was even bigger for hp and dell, which have seen their pc businesses implode. now there's a new reason to care about apple. cash. apple boosted its dividend to $3.05 a share. making it the biggest dividend pair in the world. the total cash return to shareholders will total $100 billion by the end of 2015. >> yes, apple is managing to lower growth expectations, it's doing so because it's now suddenly losing share. the smart phone market is not saturad, butpple finds itself losing out to more diverse and better priced android alternatives. >> reporter: tim cooke acknowledged on the call that apple's growth has slowed and its margins are coming down a bit. what's a lot less clear is weather investors will continue to embrace it as a growth stock. either way, it's going to be an important story to watch for more than just apple stockholders. for nightly business report, i'm john fort. >> later in the program, we'll look at the new strategy samsung is employing as it tries to take
a big launch for apple? sure, it was even bigger for hp and dell, which have seen their pc businesses implode. now there's a new reason to care about apple. cash. apple boosted its dividend to $3.05 a share. making it the biggest dividend pair in the world. the total cash return to shareholders will total $100 billion by the end of 2015. >> yes, apple is managing to lower growth expectations, it's doing so because it's now suddenly losing share. the smart phone market is not saturad,...
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Apr 23, 2013
04/13
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CNBC
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especially with apple. if it doesn't go down, i'll eat my shoe, maybe here live. >> thank you so much for watching, see you
especially with apple. if it doesn't go down, i'll eat my shoe, maybe here live. >> thank you so much for watching, see you
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Apr 24, 2013
04/13
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. >> an apple away may keep the doctor away but does apple the company need healing of its own? a big shareholder is here with changes he says must happen to turn the stock around. is the economy about to turn down? more weak numbers today. we'll talk the economic fate of 2013. plus if the newspaper business is dying, why are newspaper stocks flying? we're going to take you inside best buy's big new bet. mandy? >> the nasdaq is now rising around the break even mark for the month of april even though the dow and s&p are still favoritable for the month. >> i have waited a while. with a respectable amount of time. 30% of the s&p 500 has reported. look at thooes declines today. it's a big issue. let me show you the decrease in top line growth that we have seen. just a year and a half ago we were getting 10% increases in the top line. look all the way up here. look how this has decelerated. we're looking at 2.9%. if this continues we will have almost 0. the average is 61%. let me just show you what is going on today. we have got a lousy economic data out of europe. we have got all th
. >> an apple away may keep the doctor away but does apple the company need healing of its own? a big shareholder is here with changes he says must happen to turn the stock around. is the economy about to turn down? more weak numbers today. we'll talk the economic fate of 2013. plus if the newspaper business is dying, why are newspaper stocks flying? we're going to take you inside best buy's big new bet. mandy? >> the nasdaq is now rising around the break even mark for the month of...
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Apr 17, 2013
04/13
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KRCB
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the s&p 500 was down 22 and the nasdaq down by 60 points dragged down by shares of apple which dipped below $400 a share today before closing at $402. that after cirius logic hinted at a slowdown in production iphones d ipads. >>> jp morgan chase with a 3.5% decline. bob fasanni has more on today's action in the markets from the floor of the new york stock exchange. >> reporter: it was another whip saw day that started ugly right off the bat. the problem is that key commodities like copper, aluminum and nickel were again dropping at essentially 52-week lows, all on concerns out slowing global growth. key commodities hit 52-week lows as well. and while commodity stocks like materials and energy suffered, there were also notable decline in industrials and in financials like bank of america which missed earnings estimates. and in technology stocks, tech bell whether apple hit a new 52-week low on concerns whether slowing iphone and ipad sales. the market stays a modest midday whetheword being made in the boston marathon investigation and, again, moved down toward the close. >> the proble
the s&p 500 was down 22 and the nasdaq down by 60 points dragged down by shares of apple which dipped below $400 a share today before closing at $402. that after cirius logic hinted at a slowdown in production iphones d ipads. >>> jp morgan chase with a 3.5% decline. bob fasanni has more on today's action in the markets from the floor of the new york stock exchange. >> reporter: it was another whip saw day that started ugly right off the bat. the problem is that key...
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Apr 24, 2013
04/13
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apple's earnings failing to interest the street sales. it turns out to be about 125 million shares, which is about 12, 15% of the float. if we lead net income and have that smaller shareholder base and we leave the pe multiple flat, that gets the fair value right there at 477, versus where the stock is. >> right. we're assuming no products necessarily. >> no new products. but they do continue to sell their current products. and no gross margin. still out of favor. the name. so to me, i like that capital allocation plan a lot. >> if they sell 25, 26 million iphones in the next quarter, do you still feel the same way? >> 25 or 26? that depends. did they not sell them. i think we'll see improvement in the ipad margins. i don't know about the mac and we may see iphone margins compressed. but i do think that, you know, eventually they will come out with something new. >> they are also supposed to be releasing the s 4 but they be short. samsung is still growing. these guys also have a huge semi conductor business. people talk about apple and it
apple's earnings failing to interest the street sales. it turns out to be about 125 million shares, which is about 12, 15% of the float. if we lead net income and have that smaller shareholder base and we leave the pe multiple flat, that gets the fair value right there at 477, versus where the stock is. >> right. we're assuming no products necessarily. >> no new products. but they do continue to sell their current products. and no gross margin. still out of favor. the name. so to...
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Apr 19, 2013
04/13
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KICU
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in today's cover story, can samsung's latest smartphone steal apple's thunder? plus, the shocking profits behind blogging from home. the true story of a dot-com mom. and, hot times in traders unplugged. the guys break down how to make money off tv and beer. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, april 19th. i'm angela miles. in today's first look: earnings hits and misses move the market. stocks sold off on the busiest day so far of corporate profit news. the dow fell 81 points. ebay was a drag on the nasdaq, which dropped 38; the s&p declined 10. gold and oil rallied. thursday was a big night for tech earnings. ibm was a shocker - big blue had a miss. the company noted weakness in tech spending. google topped estimates - its core advertising showed growth. microsoft also did better than expected; however, window 8 sales may be moderate. also, the cfo is leaving the company. here's a good one: vertex pharma shares raced up more than 50% after the bell. the comp
in today's cover story, can samsung's latest smartphone steal apple's thunder? plus, the shocking profits behind blogging from home. the true story of a dot-com mom. and, hot times in traders unplugged. the guys break down how to make money off tv and beer. first business starts now! you're watching first business: financial news, analysis, and today's investment ideas. good morning. it's friday, april 19th. i'm angela miles. in today's first look: earnings hits and misses move the market....
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Apr 24, 2013
04/13
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is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increasedby 8 million yiewns, that's about how much the pc market declined if you add up -- gerri: wow. >> add up hp, dell, and others. gerri: very interesting, and, yet, those profits this quarter down for the first time in ten years, and personal look at tha and think it's over. new management, concerns that steve jobs is not there. what do you think? >> it's a maturing company. you see increases in dividends and buybacks. there's been a buyback authorized for ten years, done nothing with i it. today, they promised to spent $60 billion just on share buybacks alone. a hundred billion at averag
is apple? >> you have to look a little bit going forward, and apple had strong demand in china, and the number of stores opening there is actually pretty fast. they are going fast there, so that's one thing so keep an eye on international growth, but also look at the fundmental disruption apple's doing now. interesting piece of data, the increase of ipad unit sale, year on year, jives up really nicely -- increasedby 8 million yiewns, that's about how much the pc market declined if you add...
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Apr 19, 2013
04/13
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KPIX
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numbers today stay in the mid-70s down in the south bay, a few low 80s, too. 79 in sunnyvale, home of apple computer, 80 cupertino. 82 morgan hill. san jose today 81 degrees. east bay we look at low 80s. 81 at livermore, pleasanton 82. and 82 at antioch. 76 vallejo near the delta. and 80 degrees in santa rosa and 78 degrees in petaluma. 75 for novato and 80 for sonoma. in the extended forecast we are going to be looking for numbers to still warm slightly through the weekend and into next week. look at tuesday numbers approaching mid- to upper 80s. and all the way toward next thursday. still stay warm inland 70s along the bay about as good as it gets with a mild beach. that's weather, here's traffic with elizabeth. >>> thank you, brian. we are still getting some more details about this accident in hayward. we have just confirmed that it is a fatal accident on mission boulevard so they closed off a couple of block stretch of mission boulevard both directions between blossom way and medford avenue. so this was an accident involving a pedestrian. and i'm just seeing some new information coming
numbers today stay in the mid-70s down in the south bay, a few low 80s, too. 79 in sunnyvale, home of apple computer, 80 cupertino. 82 morgan hill. san jose today 81 degrees. east bay we look at low 80s. 81 at livermore, pleasanton 82. and 82 at antioch. 76 vallejo near the delta. and 80 degrees in santa rosa and 78 degrees in petaluma. 75 for novato and 80 for sonoma. in the extended forecast we are going to be looking for numbers to still warm slightly through the weekend and into next week....
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Apr 21, 2013
04/13
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now certainly the san jose area still has apple, the world's most valuable company, as well as google. >> talk about that facebook phone. >> peninsula has facebook. but the new hot start-ups, twitter, yelp, sales force, were all drawn to san francisco. several because of the city's community benefit agreement or cba. a contract whereby the city agrees to drop some taxes in exchange for economic benefits. in the case of start-up zen, the company agreed to locate in the downtrodden tenderloin. and support local jobs. in this case, a accident desk luncheon catered by a charity which trains and employs formerly homeless workers. that arrangement has become known as the twitter tax break. however, it really ought to be known as the zen tax break. mark nu. martin giles of the economist. we will talk about how -- what you have to do to san francisco to earn this. but let's start with what you get out of it. why do you want this? >> i think that -- several things drove this product. one of the things i feel personally is the most for thing is that we have a focus for the entire company. we ar
now certainly the san jose area still has apple, the world's most valuable company, as well as google. >> talk about that facebook phone. >> peninsula has facebook. but the new hot start-ups, twitter, yelp, sales force, were all drawn to san francisco. several because of the city's community benefit agreement or cba. a contract whereby the city agrees to drop some taxes in exchange for economic benefits. in the case of start-up zen, the company agreed to locate in the downtrodden...
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Apr 24, 2013
04/13
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. >> and then, how about apple? hovering around $400 a share, failing to impress shareholders with t earnings last night. but is wall street just overreacting to what is still a very profitable, strong company? >> tim cook admits, they are a mature technology company. doesn't make them a bad company, though, right? >> but does it make them valued at 700? >> that's the question. >> just how big a threat are the hacks like we saw at that fake ap tweet yesterday to the market's integrity. cfte commissioner bart shulton weighs in on that. he wrote an op-ed piece today and we'll get his comments, coming up. >> the dow jones industrial average down just a fraction. been a negative day all day, but we are off of the worst levels, 14,712, last trade of the blue chip average. nasdaq looks like this, highest level of the day. in positive territory, keeping in positive territory with a gain of about seven points but a quarter of a percent. s&p 500 looks like this, similar chart pattern as the nasdaq, where it too hovers a to t
. >> and then, how about apple? hovering around $400 a share, failing to impress shareholders with t earnings last night. but is wall street just overreacting to what is still a very profitable, strong company? >> tim cook admits, they are a mature technology company. doesn't make them a bad company, though, right? >> but does it make them valued at 700? >> that's the question. >> just how big a threat are the hacks like we saw at that fake ap tweet yesterday to...
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Apr 24, 2013
04/13
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so i think two things on apple. on the positive side, they did a very significant return of cash to shareholders at the very high end, i think of where investors were hoping. and all else being equal, that was a positive. on the flip side, there was evidence of gross margin pressure in the quarter. they were down sequentially, and the company guided for gross margins to go down again sequentially next quarter. and this is worrisome, because apple is at the part of its product cycles where it's introduced new products where typically gross margins should be improving. so to see margins down, even adjusting for mixed effects, we believe iphone margins were down in the quarter, is worrisome. and it points to, you know, a mix shift to lower models within apple's lineup, which generally have lower margins. and, you know, ultimately, micros margins numbers came down and my estimates came down and my price target came down commensurately. >> but your rating remains outperform, right? you're still telling people you think i
so i think two things on apple. on the positive side, they did a very significant return of cash to shareholders at the very high end, i think of where investors were hoping. and all else being equal, that was a positive. on the flip side, there was evidence of gross margin pressure in the quarter. they were down sequentially, and the company guided for gross margins to go down again sequentially next quarter. and this is worrisome, because apple is at the part of its product cycles where it's...
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Apr 24, 2013
04/13
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FBC
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apple's revenue in this quarter investors starting to wonder how does apple maintain this momentum and dominance, the tabloid market don't dominate smart phone market but still number one. liz: you were watching this as well. in the aftermarket session stock skyrocketed. how many people looked at that and 7 missed my chance and you didn't. >> we were down $400, but you have -- tim cook saying we will have the new grrat products. he didn't say the date but coming in the fall. they didn't know what it would be but i apple always seems to deliver that product people seem to love. they did again this might be a great buying opportunity. liz: i know grown-ups love them too. closing bell ringing in 29 minutes, new home construction topped 1 million units in march for the first time in five years. how is building supply company usg corp. benefiting? they make a lot of sheet rock could go into construction? the usg corp. chairman and ceo joining is a fox business exclusive on that next and in the wake of yesterday's twitter hacking the ap, here's a look at the most regrettable tweets over the
apple's revenue in this quarter investors starting to wonder how does apple maintain this momentum and dominance, the tabloid market don't dominate smart phone market but still number one. liz: you were watching this as well. in the aftermarket session stock skyrocketed. how many people looked at that and 7 missed my chance and you didn't. >> we were down $400, but you have -- tim cook saying we will have the new grrat products. he didn't say the date but coming in the fall. they didn't...
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Apr 23, 2013
04/13
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KRCB
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apple has a gigantic cash hoard. over $150 a share in cash and we really are happy that they're putting that to work especially when you can buy the stock here at these very inexpensive valuations. >> we are trading at less than ten times earnings for one of america's greatest corporations and yes, i know that earnings were a little disappointing in terms of th guidance her f the next quarter, but this is a fantastic company with tremendous products and a huge, installed base of rabid customers. yes, they're going through a little bit of a product lull here now as we wait for the next big thing, and of course, that's what's on everybody's mind as we go forward. >> you've been taking some profits prior to recently. you've been buying the stock for some kientclients. if i didn't own the stocks based on your numbers and i'm not asking you to be a portfolio manager, i'm just saying, would you buy it at these prices? >> tyler, i am a portfolio manager and i would be a buyer of the stock at these prices and maybe it will p
apple has a gigantic cash hoard. over $150 a share in cash and we really are happy that they're putting that to work especially when you can buy the stock here at these very inexpensive valuations. >> we are trading at less than ten times earnings for one of america's greatest corporations and yes, i know that earnings were a little disappointing in terms of th guidance her f the next quarter, but this is a fantastic company with tremendous products and a huge, installed base of rabid...